Yeah, this photo is taken from Cat Mountain, which is just northeast of the Loop 360/2222 interchange (Catty-corner to Shep Mt, which is just SW of the interchange). The Lake Austin bridge is obscured by the large hill (cut-through by Loop 360), and re-emerges on the other side, making its very gradual ascent out of the valley, through the Davenport Ranch area.
Cat Mt is one of the older subdivisions in NW Austin, and absolutely has a California 'look' to it... more so than other Hill Country subdivisions, IMO. I have old pic of myself at a model home, when I was about 4 or 5. Always loved the area.